CDA to launch three new residential sectors

11 Dec, 2006

The Capital Development Authority (CDA) will launch three new sectors - D-13, E-13 and F-13 - early next year in the federal capital, a CDA official said on Sunday. The CDA Chairman Kamran Lashari has directed the land directorate of the authority to expediently acquire the required land to ensure timely launch of the sectors.
The authority will acquire a total of 2,250 acres for which three separate agreements would be signed with the holders in line with a recently approved land-sharing formula. The cultivable and non-cultivable land will be treated at par.
Under the formula each landowner will be allotted 25 percent of the land acquired from him after fully developing the land. The owner will pay only the development charges for the allotted portion.
The land-sharing formula has been devised on the pattern of the Defence Housing Authority's experience of acquiring land. No cash transaction will be involved in future land acquisition agreements and uniform application of the formula will benefit the landowners and remove any chances of post-agreement disputes.
The official said that boundary marks established by the Survey of Pakistan would be verified by the authority in the upcoming sectors.
He said sectors F-12 and G-12 would be developed by the Federal Government Employees Housing Foundation in accordance with the National Housing Policy approved by the federal government in 2001 and the layout plans would be prepared by the authority.
The sector G-12 would have a direct link with the motorway and new proposed Islamabad Airport through the Kashmir Highway, the official said.

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